GBPUSD 2018-07-02

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GBPUSD managed to rebound from Short-Run support 1.3070 as market managed to hold Daily close above it

Intraday Levels showing support Zone at 1.3110-35 where as long as market holding above more advance toward 1.3280-1.3310 zone is expected

Below 1.3100 market will be in gray trading zone which will face support at 1.3070 and 1.3030-40

Below 1.3030 market may head for more drop pressure toward 1.2900

  Support Resistance
Level 1 1.3110-35 1.3215
Level 2 1.3070 1.3280
Level 3 1.3030-40 1.3310
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Rami Abu-Dra`a is a Chief Technical Analyst at Orbex and a holder of B.S Degree in Banking & Financial Science / Subsidiary Economic. Rami ‘s strategic vision of forex markets, enhanced by more than a decade of trading experience, allows him to efficiently mix fundamental and technical analyses, and find the best investment ideas for Orbex traders.

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Rami Abu-Dra`a is a Chief Technical Analyst at Orbex and a holder of B.S Degree in Banking & Financial Science / Subsidiary Economic. Rami ‘s strategic vision of forex markets, enhanced by more than a decade of trading experience, allows him to efficiently mix fundamental and technical analyses, and find the best investment ideas for Orbex traders.

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